Balance Transfers

0% APR promotional balance transfer rate for 12 months on Balance Transfers made October 1, 2016 - December 31, 2016. After that, the APR for the unpaid balance and any new balance transfers will be 10.24% to 17.99% based on your creditworthiness and will vary with the market based on the Prime Rate. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance in full each month by the payment due date.

My Cash Rewards

10.24% to 17.99% when you open your account, based on your creditworthiness.* Your APR will vary with the market baed on the Prime Rate.

APRs for Balance Transfers

0% promotional rate for 12 months on transfers made October 1, 2016 - December 31, 2016. After that, the APR for the unpaid balance and any new balance transfers will be 10.24% to 17.99% based on your creditworthiness and will vary with the market based on the Prime Rate. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance in full each month by the payment due date.

Penalty APR and When It Applies

17.99% if your minimum payment is not received within 60 days, your entire account is subject to change to the non-variable penalty APR. The penalty APR will remain in place until you make three consecutive monthly payments on or before the due date.

Annual Fee

$25 - Standard Card$0 - Plus Card

*Rates are based on an evaluation of applicant credit. Your actual APR will be disclosed at the time of credit approval. Not all applicants will qualify for the lowest rate.

Cardholders may sign up for Free electronic statement notification to avoid paying a $1.00 fee for mailed paper statements.

Rate and offers current as of December 2016 and are subject to change. View pricing lists & cardholder agreements for Standard and Plus cards.

**Cash advances, credit card checks, and balance transfers are excluded from earning cash rewards. Fuel purchases for airplanes and boats do not receive cash back rewards.

ƚAccounts approved and issued from October 1, 2016 - December 31, 2016 will receive a $100 statement credit upon spending $1500 in purchase transactions within 3 months of account opening. Cash advances, credit card checks, and balance transfers do not qualify as purchase transactions. Each account is eligible for 1 statement credit of $100. Please allow 4 weeks after spending $1500 to receive the statement credit.

PENFED PLATINUM CASHREWARDS VISA® CARD

Interest Rates and Charges

10.24% to 17.99% when you open your account, based on your creditworthiness.* Your APR will vary with the market baed on the Prime Rate.

APRs for Balance Transfers

0% promotional rate for 12 months on transfers made October 1, 2016 - December 31, 2016. After that, the APR for the unpaid balance and any new balance transfers will be 10.24% to 17.99% based on your creditworthiness and will vary with the market based on the Prime Rate. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance in full each month by the payment due date.

Penalty APR and When It Applies

17.99% if your minimum payment is not received within 60 days, your entire account is subject to change to the non-variable penalty APR. The penalty APR will remain in place until you make three consecutive monthly payments on or before the due date.

Annual Fee

$25 - Standard Card$0 - Plus Card

PenFed Platinum Cash Rewards Visa® Plus Card

Qualify for Plus Cash Rewards by opening up one of the following:

Active checking account with direct deposit ($250 min.)

Equity Loan or Equity Line of Credit

Money Market Certificate or IRA Certificate

Thrifty Credit Service

Mortgage

Personal Line of Credit

Installment loan

Money Market Savings Accounts

Accounts earning 3% on gas purchases at the pump will be evaluated on a monthly basis to determine if a qualifying product exists. Accounts with qualifying products will be upgraded within 90 days of the evaluation date so that 5% is earned on gas purchases at the pump. New accounts may take up to 90 days from the date of the new account to be upgraded.

Estimated Market Value of Property

$

Mortgage Balance

$

Loan to Value Factors *

Requested Loan Amount

$

Term of Loan

Years

Your Interest Rate

Monthly Payment

* In Texas, the maximum owner occupied LTV allowed is 80% and non-owner occupied is LTV 75%. Additional restrictions apply in Texas, so please ask a representative for details. In states other than Texas, the maximum owner occupied LTV is 90% and non-owner occupied LTV is 80%. The maximum LTV for a condominium in all states is 70%.

Members: Open an ESA

If you have a Coverdell ESA with PenFed and would like to open an ESA Certificate, please call a member service representative at 1-800-247-5626.

Not Yet a PenFed Member?

Become a member and take advantage of products and exclusive offers!

To join, you need only fulfill two requirements:

Determine your eligibility

Open a Regular Share Account with at least $5

Defender Card Eligibility

In order to apply for the PenFed Defender Card at least one applicant
must be in an active military service status, a member of the Reserves or National
Guard, or an honorably discharged US military veteran.

Are you or your co-borrower one of the following?

Honorably discharged US Military Veteran

Please indicate your date of separation (mm/dd/yyyy):
/
/

Active in US Military

Please list your current unit:

Member of the National Guard

Please list your current unit:

Member of the Reserves

Please list your current unit:

None of the above

Card Application

We're sorry, but you're not eligible for this credit card. Please select another card option.